Shares in developed markets ex-US topped returns for the major asset classes last week, based on a set of exchange-traded funds. Overall, it was a mixed week with a wide range of gains and losses.
Daily Archives: August 9, 2021
Macro Briefing: 9 August 2021
* Will Biden reappoint Fed Chair Powell? Probably, an economist reasons
* UN climate panel warns climate change is ‘code red for humanity’
* Infrastructure bill on track to pass in Senate, perhaps as early as Monday
* Infrastructure bill’s economic impact will be modest, economists predict
* Pandemic won’t soon end, predicts former WHO epidemiologist
* Cash is arguably the least worst option for savers
* US payrolls rose in July at fastest pace in nearly a year
* Is last week’s jump in the 10yr-3mo Treasury yield spread the start of a reversal?